LKFLF (Luk Fook Holdings (International)) Accounts Payable & Accrued Expense : $96 Mil (As of Mar. 2024)

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What is Luk Fook Holdings (International) Accounts Payable & Accrued Expense?

Luk Fook Holdings (International)'s quarterly accounts payable & accrued expense increased from Mar. 2023 ($90 Mil) to Sep. 2023 ($94 Mil) and increased from Sep. 2023 ($94 Mil) to Mar. 2024 ($96 Mil).

Luk Fook Holdings (International)'s annual accounts payable & accrued expense increased from Mar. 2022 ($89 Mil) to Mar. 2023 ($90 Mil) and increased from Mar. 2023 ($90 Mil) to Mar. 2024 ($96 Mil).

Luk Fook Holdings (International) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Luk Fook Holdings (International)'s Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Luk Fook Holdings (International) Accounts Payable & Accrued Expense Chart

Luk Fook Holdings (International) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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53.66

87.59

89.28

90.34

96.21

Luk Fook Holdings (International) Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															89.28	81.03	90.34	94.41	96.21

Luk Fook Holdings (International) Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Luk Fook Holdings (International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Luk Fook Holdings (International) Ltd (OTCPK:LKFLF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

00590:Hong Kong LUY1:Germany LUY1:Germany

Address

No. 2 On Yiu Street, 15th, 20th, 25th & 27th Floors, Metropole Square, Shatin, New Territories, Hong Kong, HKG

Website

https://www.lukfook.com

Luk Fook Holdings (International) Ltd is a Hong Kong-based investment holding company. The company is engaged in the sourcing, designing, wholesaling, trademark licensing and retailing of a variety of gold and platinum jewelry and gem-set jewelry products. It operates through the following five segments: Retailing in Hong Kong, Macau and Overseas; Retailing in Mainland China; Wholesaling in Hong Kong; Wholesaling in Mainland China; and Licensing. The company generates maximum revenue from Retailing in Hong Kong, Macau and Overseas segments.